Power spot price dropped 18.6% in January

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MANILA, Philippines — The cost of power traded at the spot market dropped by 18.6 percent month-on-month in January amid improved supply margins, according to the Independent Electricity Market Operator of the Philippines (IEMOP). Based on data released on Wednesday, IEMOP said that the average rate at the Wholesale Electricity Spot Market (WESM) fell to
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